Portable Leather Polishing Machine Market Share

On the basis of geographical analysis, the global portable leather polishing machine market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Europe industry is expected to account for largest revenue share by 2036, driven by high demand for high-end fashion products, along with prevalent luxurious lifestyle. Various countries, such as, France, Belgium, Spain, and UK, are major hubs for luxury fashion products, which is estimated to boost the demand for portable leather polishing machines. 

The market in the Asia Pacific region is anticipated to gain the largest market share throughout the forecast period owing to the presence of major leather treatment companies, and growing export activities in the region. According to the data by the India Brand Equity Foundation (IBEF), the total leather and leather products export from India amounted to USD 5.07 billion in 2019-20. The APAC region is also witnessing economic growth, which in turn, is estimated to increase the demand for high-end products in the region. This is anticipated to boost the portable leather polishing machine market growth.